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Mens Luxury Bag Market Share

  • Report ID: GMI8135
  • Published Date: Feb 2024
  • Report Format: PDF

Men’s Luxury Bag Market Share

Men’s luxury bag industry seem to be highly fragmented in nature due to presence of numerous local and global players across the globe. In 2023, the above list of dominant market players collectively held around substantial 18%-20% market share. These prominent players are proactively involved in strategic endeavors, such as mergers & acquisitions, facility expansions & collaborations, to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position.

 

Men’s Luxury Bag Market Companies

Major players operating in the men’s luxury bag industry include:

  • Bottega Veneta
  • Burberry
  • Chanel
  • Fendi
  • Gucci
  • Hermes
  • Louis Vuitton
  • Prada
  • Ralph Lauren
  • Salvatore Ferragamo
  • Tumi
  • Valentino
  • Versace
  • Yves Saint Laurent (YSL)
  • Zegna
Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Men’s luxury bag market size reached USD 11 billion in 2023 and is set to expand at over 4.5% CAGR between 2024 and 2032 owing to the rising consumer demand for high-end products, especially in emerging economies.

The backpacks segment generated USD 3 billion in revenue in 2023 and is anticipated to grow through 2032 attributed to the ongoing trend towards more casual and versatile fashion.

North America men’s luxury bag industry accounted for 21% revenue share in 2023 and is estimated to exhibit robust growth through 2032 driven by the increasing presence of fashion conscious consumers across the region

Some of the popular men’s luxury bag industry players include Bottega Veneta, Burberry, Chanel, Fendi, Gucci, Hermès, Louis Vuitton, Prada, Ralph Lauren, Valentino, Versace, Yves Saint Laurent (YSL), and Zegna.

Mens Luxury Bag Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 250
  • Countries covered: 22
  • Pages: 387
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